Tuesday, November 9, 2010

Global Finacial Crisis and Developing Nations

(I focused on pg 10)

The global finacial crises will bring about an aproximate 1.3% increase in the world population which is considered at the poverty line. The least developed countires will suffer the most as exports and capital inflows decrease. Essentially, the best jobs in most developed countries are in the export industry which will substantailly decrease if not collapse as less developed nations purchase goods from the developing world. The only country which has not ben to heavily affected is thailand and it seems to only be because of an increase in government hiring.


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